Lidgerwood Farmers Coop Elevator is looking for a full-time driveway/production employee. Production employee duties include unloading, sampling, drying and reloading of grain. Competitive wage and benefits. For more information call Todd @ 701-538-4551. Apply in person, email resume to firstname.lastname@example.org or mail to P.O. Box 447 Lidgerwood, ND 58053.
Price Later - Free Corn
FREE PRICE LATER
Effective November 15, 2022
CORN Must be sold by 8-31-23
******************************************************** Priced Later Bushels CANNOT Be Applied to forward delivery contracts!
The CBOT electronic grain trading hours: Sunday 7:00 pm to Monday 7:45 am Monday to Friday 7 pm to 7:45 am Daily 8:30 am to 1:15 pm Daily (trading closed 7:45 to 8:30 a.m. and 1:15pm -7pm weekdays) (Central Time)
HEDGE TO ARRIVE (Futures Fixed) SERVICE FEE SCHEDULE Effective February 22, 2018
Wheat - Corn .005 cents per bushel each futures month past current futures trading month. Soybeans .01 cents per bushel each futures month past current futures trading month. Example: Dec futures (current trading month) = 0 March futures = .005 or .01 cents/bushel May futures = .01 or .02 cents/bushel July futures = .015 or .03 cents/bushel Etc... One futures roll allowed per HTA and/or Basis Set Contractat a fee of 2 cents/bushel. All HTA &/or Basis Set contracts are to be final priced in current marketing year. ANY QUESTIONS, PLEASE CALL
OVER-THE-COUNTER FUTURES CONTRACTS Farmer's Co-op Elevator in conjunction with INTL FC Stone Financial, Inc. is now able to offer Producer Accumulator Contracts. These contracts price bushels on a weekly basis, yet give protection of a floor price, giving the producer a great marketing tool.
Producer Accumulator with Euro Double Up (DU) is a grain contract based on over-the-counter (OTC) derivatives to manage price risk. Each week the futures contract is above the knock-out level, 100% of the weekly quantity is priced at the accumulation level. At expiration, if the futures contract settles above the accumulation level, and a barrier event has not occured, the quantity is doubled at the accumulation level.
Producer Accumulator with Euro Double Up (DU) Knock Out (KO) and Guaranty Quantity has the same features as the Producer Accumular with Euro Double Up but also includes a guaranty level. If on any date between the trade date and end date the futures settle at or below the knock-out level, the accumulation ceases, and the remaining quantity is priced at the guaranteed level.
Contact Todd for information on our OTC contracts.